Archive for September 17, 2008
Financial services collapse, SNL premiere, salad dressing
What a week (so far) in the financial services industry! We’ve had Lehman Brothers’ bankruptcy, Merrill Lynch’s sale, AIG’s $85 billion bailout by the Federal Reserve, the SEC’s new rules against naked short-selling (thus reining in that particular criminal playground), and other fantastic economic disasters. Question: Are corporate bailouts the new rate cuts? Can this […]